# PPP loan: THE LEARNING GATE
> **$190K** approved 02/12/2021 · Paid in Full · Loan `7534198400`
## Borrower
- **Name:** THE LEARNING GATE
- **Address:** 816 Old York Rd, Raritan, NJ, 08869-1706
- **NAICS:** 624410
- **Business type:** Non-Profit Childcare Center
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $190K
- **Initial approval:** $190K
- **Forgiven:** $191K (101%)
- **Forgiveness date:** 10/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $190K
- **Jobs reported:** 34
## Lender
- **Originating:** Amboy Bank
- **Servicing:** Amboy Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*